THE CONSEQUENCES OF GLOBAL FINANCIAL CRISIS OVER EUROPEAN UNION BUDGET

George Horia Ionescu
Additional contact information
George Horia Ionescu: Romanian American University Author-Name:Mihai-Dragoş Ungureanu

Romanian Economic Business Review, 2009, vol. 4, issue 1, 28-39

Abstract: Today the global economy is facing the biggest financial crisis of the last eighty years, with huge implications in real economy. The international financial institutions, together with the developed countries’ governments have to take a series of exceptional decisions, decisions meant to minimize the devastating effects of this crisis over the economy and citizens. The European Union Budget is the most important tool of the Community that can decide the amount of revenues and expenditures for each political objective. In this paper will try to capture the main effects that this financial crisis has over the European Budget. The focus will be on the “social policy” expenditures and on the dynamic changes of the budget’s indicators.

Keywords: European Union budget; financial crisis; European Union policy (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.rebe.rau.ro/RePEc/rau/journl/SP09/REBE-SP09-A4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:4:y:2009:i:1:p:28-39

Access Statistics for this article

More articles in Romanian Economic Business Review from Romanian-American University Contact information at EDIRC.
Bibliographic data for series maintained by Alex Tabusca ().